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Tag: Bankruptcy

DCG Subsidiary Luno Names a New CEO in Preparation for a Public Listing

Blockchain
The London-based cryptocurrency platform – Luno – announced that its long-reigning CEO Marcus Swanepoel will step down from his post to become an...

Top News

Voyager Digital’s Bankruptcy Costs Less Than Half Of Celsius’

Blockchain
A crypto influencer recently highlighted the massive disparity in the bankruptcy costs of Voyager and Celsius. Voyager Digital’s bankruptcy is on track to cost...

FTX seeks to claw back $460M from Bankman-Fried-backed VC firm

Blockchain
Bankrupt cryptocurrency exchange FTX is suing venture capital (VC) firm Modulo Capital for $460 million in allegedly misused customer assets. Modulo...

Canada Is Doing All It Can to Prevent Another FTX

Blockchain
Canada is cracking down on crypto trading and tightening its rules due to the FTX financial collapse. The country is allegedly trying to do...

Goldman Sachs Praises Cryptocurrency’s Year-to-Date Returns

Blockchain
. Key highlights: Other assets following Bitcoin are Information Technology, Communication Services, and Nasdaq 100. On the other hand, crude oil and energy have lost the most...

FTX to Claw Back $460 Million From Modulo Capital

Blockchain
FTX has entered an agreement to claw back 99% of the value of assets held at Modulo Capital, a firm funded by Sam...

FTX Bankruptcy Estate to Claw Back $460M From Modulo Capital

Blockchain
The court filings said the agreement came “following constructive negotiations with the Modulo Entities and their principals.” The $460 million in recovered assets represents...

Another Crypto Scam, iEarn Bot

Blockchain
Police authorities from Germany and the United States, with the support of Europol, collaborated to target ChipMixer, a cryptocurrency mixer that is well-known within...

Celsius Customers Will Receive Up to 72.5% of Their Crypto Back

Blockchain
Due to a landmark decision by Justice Martin Glenn, the courts have ruled that Celsius customers can receive up to 72.5% of their...

SC justices hear Coinbase’s first arguments in favor of class action arbitration

Blockchain
Ad Coinbase was met with some resistance on March 21 as it attempted to persuade Supreme Court justices that certain class action suits should...

Celsius custody account holders can receive 72.5% of their crypto, says bankruptcy judge

Blockchain
A bankruptcy judge overseeing the bankruptcy case for crypto lending platform Celsius Network has approved a settlement plan allowing custody account holders to get...

Crypto Enthusiasts Rush to Promote Bitcoin’s ‘Safe Haven’ Status Amid Banking Crisis

Blockchain
Crypto enthusiasts say a “paradigm shift” could bolster Bitcoin’s status as a safe haven asset, as the cryptocurrency gains ground in the fallout of...

Market Analysis Report (21 Mar 2023)

Blockchain
FTX Group has requested intervention from US Bankruptcy Judge John Dorsey to safeguard its assets from liquidators handling the winding down of its Bahamas...
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